§ 367.8. Causes for suspension.
155 words·~1 min read·
/us/cfr/t12/s§ 367.8·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Suspension may be imposed under the procedures set forth in this section upon adequate evidence:
(1)Of suspension by another federal agency;
(2)That a cause for exclusion under § 367.6 may exist;
(3)Of the commission of any other offense indicating a breach of trust, dishonesty, or lack of integrity that seriously and directly affects the minimum ethical standards required of an FDIC contractor; or
(4)Of any other cause so serious or compelling in nature that it adversely affects the ability of a contractor to meet the minimal ethical standards required by 12 CFR part 366.
(b)Indictment for any offense described in § 367.6 is adequate evidence to suspend a contractor.
(c)In assessing the adequacy of the evidence, FDIC will consider how much information is available, how credible it is given the circumstances, whether or not important allegations are corroborated and what inferences can reasonably be drawn as a result.
Connections1 off-index
1 reference not yet in our index
- 12 CFR 366
Citation graph
cites case law
§ 367.8
Causes for suspension.
Cite12 CFR 366
Cites 1Cited by 0 across 0 sources